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sundaresan
17 November 2023 at 12:26

How to treat the income

Sir, my client converted his agricultural land into residential plots and sold 20 plots and then the amount received he has constructed his own building, land converted on 29/06/202 and sold on 27/09/2022. House construction started in November,2022 and still at unfinished stage.
Can he claim long term capital gain exemptions


C R

We have purchased a flat in ahmedabad which had three owners( my wife, myself and my mother in this order).
My mother has agreed to remove her name voluntarily without any financial consideration.
Which process I follow to ensure that I avoid paying higher stamp duty and other charges ?
I was told that gift deed route will still attract stamp duty in Gujarat ( and the rate of which is around 3 to 4 %).
Not sure about the actual process.

Can I try relinquishment deed for my mother to give away her rights in the flat as co owner? Is such deed applicable only for ancestral property or it can be used for non- ancestral property ( as in my case) ?

Also - while executing any of the above , is mother's presence required for the process in ahmedabad ( she is a super senior citizen residing outside Gujarat and with restriction on her movements due to age related leg issues )
Please advice.


Pooja
17 November 2023 at 11:11

How to change to old tax regime

I am a salaried individual. my employer has deducted tax as per the new tax regime. I will file the return for the current financial year as per the old tax regime. how can i change to old tax regime in the middle of this financial year?


sunil hagawane
17 November 2023 at 10:57

Cash Flow format in excel with formula

Dear Sir/Madam,
Can any body please share Cash Flow & Fund Flow statement format in excel with formula etc. Thanking you !


SUNIL


suresh s. tejwani

HOW TO PAY SERVICE TAX PAYMENT FROM CBIC ONLINE MODE IF CHALLAN IS ALREADY GENERATED?
HOW TO MAKE PAYMENT FOR SUCH SERVICE TAX IN ONLINE ICEGATE SITE ?
IS THERE NECESSARY TO GENERATE MANDATE FORM FROM BANK FOR SUCH PAYMENT?


suryadipsinh mori
17 November 2023 at 09:54

Regarding 44AD Provisions

If i have income from business eligible for 44AD and filed ITR-4 For A.Y 22-23 And In A.Y 23-24 I only have income from Salary so i am filing ITR-1, So That point of view I am not following 44AD rules , so i am not able to opt 44AD for 5 years ?
Please Anyone Clarify Here


Marimuthu
20 November 2023 at 17:10

EB BILL GST

Dear Experts,

As per Circular No. 206/18/2023-GST
a. Whether we need to pay the EB charges along with the GST @18% (If the lessor issues the separate bill for EB charges)
b. Whether we need to pay the EB charges along with the GST @18% (If the lessor does not issue the separate bill for EB charges)
c Also shall we need to deduct the TDS on this EB payment, since it is paid to the landlord?


Kunjan
17 November 2023 at 01:35

Income tax appeal process

my appeal was on 10th , and after giving submissions, we have to wait, right? there was no one to one online hearing.. so i just wait right?


Charu
16 November 2023 at 22:49

Change to old tax regime

I have salary income and my employer has deducted tds from my salary as per the new tax regime. So I want to opt for the old tax regime. Is it possible to change to old tax regime I the middle of the year?


G.GOVINDARAJAN

Premium amount of Rs.95000 paid to HDFC SL ProGrowth Flex Plan for five years. Sum assured is Rs.38,00,000 after 10 years. If the Policy is surrendered after 5 years lock-in-period, what will be the tax effect on the excess amount received? The premium amount of Rs.95000 is not claimed deduction u/s.80C in the previous years.







Answer Query